ByMaoYudong
Kunshan Daily
　  According to a lately released document on improving the effect and benefit of land utility, the city will in principle not provide separate land for any domestic industry project whose total investment is less than RMB60 million yuan, or any foreign industry project less than $15 million US dollars.
  Since it came up with the nation's first ever benchmark for Land Investment Intensity (LII) in 2002, this is the fourth time that Kunshan has made revisions to the benchmark and enriched it into output effect and benefit, leading transformation, etc.
　 In 2002, Kunshan was the nation's first to put up the LII benchmarking, or 5432 mechanism. According to the mechanism, LII in Kunshan Comprehensive Bonded Zone (KCBZ) should not be less than $0.5 million US dollars per mu (15 mu = 1 hectare), LII in Kunshan Economic & Technological Development District (KETD) no less than $0.4 million US dollars, LII in every town's supporting zone no less than $0.3 million US dollars, and privately owned enterprises no less than RMB2 million yuan.
　  In 2004, Kunshan became the first in Jiangsu Province to pilot the assignment of industrial land by bidding, and adjusted the original benchmark from 5432 to 6543. In 2010, Kunshan further implemented an updated 7654 mechanism: $0.7 million US dollars and above per mu for KCBZ, $0.6 million US dollars and above for KETD, Huaqiao Economic Development Zone and Kunshan New District, $0.5 million US dollars and above for supporting project in every town, and RMB4 million yuan for every domestic industrial project. Any domestic project whose total investment is less than RMB40 million yuan or foreign project less than $10 million US dollars will be encouraged to rent standard workshops, and in principle not be provided with separate land.
　 This year, Kunshan has put into effect a land use priority policy while practicing control over the general amount of land utility. By the new policy, the city's key projects, innovation projects, emerging industries, industry transformation and upgrading, modern service industries, indemnificatory housing programs and housing programs for farmers, environmental protection projects, healthcare projects, education projects, etc. will be given priority if they need to use land.
　 Under the premise of maintaining the quantity and layout of basic farmland and improving the quality, Kunshan has been raising its land security development competence in recent years. During the 11th Five Year Plan period, Kunshan saw the amount of land usage drop by 50% over the 10th Five Year Plan period while the GDP increase by 226.5%.
　 In 2011, the contribution of additional land usage to additional GDP was RMB13.697 million yuan per mu, seven times the amount of the initial period of the 11th Five Year Plan period. The contribution of additional land usage to financial revenue was RMB1.531 million yuan per mu, 11.4 times the amount of the initial period of the 11th Five Year Plan period. From January to November this year, Kunshan's LII for domestic investments reached RMB4.783 million yuan per mu, and $0.794 million US dollars per mu for foreign investments, far higher than other same-level cities.